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Wednesday, August 05, 2015

So Called Experts.

Statistics Canada reported in June that manufacturing sales in Canada were down about four times lower than economic experts had predicted for 2015 so far. Sales dropped in eight of the twenty-one industries that account for nearly two thirds of the country's overall manufacturing output. To quote Randall Bartlett, Toronto Dominion Bank senior economist, "...it's a bit of a surprise, no question there." This just proves we live under a crazy hodge-podge system in which even the so-called experts and the vulgar economists can't predict how it will go. It's time for it to go permanently. John Ayers.

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